Carnival Cruise Line: Iran conflict impacts booking business, lowers performance expectations.

Carnival Cruise Line stated that intense geopolitical conflicts have disrupted the pace of cruise bookings, and the continuous rise in fuel costs is squeezing business profits, leading to a downward adjustment in this quarter's performance expectations. The cruise booking business in the last fiscal quarter was most severely impacted in the European region, with the Mediterranean routes being particularly affected. The company's CEO stated that the strong demand for travel and the spending power of tourists across all routes under the group to some extent offset the negative impact of geopolitical conflicts on the business. Looking ahead, as international oil prices have fallen recently, Carnival expects a slight decrease in fuel expenses for the remaining operational period in 2026. The company has revised its annual total fuel expenditure forecast from the previous $21.5 billion to $21.2 billion.